Legal Opinion

First National Bank of Louisville v. Loretta Lustig, Fidelity & Deposit Co. Of Maryland

Court of Appeals for the First Circuit

Decided October 26, 1992No. 91-9530PublishedCited by 10 opinions

1Opinion of the Court

DUHÉ, Circuit Judge:

A lender sued a savings and loan association (“S & L”) and its fidelity insurer for losses resulting from the dishonesty of an S & L employee. The insurer moved to dismiss on the basis that no direct action lies against it for the asserted claim. The district court granted the motion to dismiss and directed the entry of final judgment under Federal Rule of Civil Procedure 54(b). Plaintiff appeals and asks that we certify to the Louisiana Supreme Court the question whether it may sue the insurer directly under the Louisiana direct action statute, La.Rev.Stat. § 22:655. For…

2Cases cited2 opinions

  1. Meloy v. Conoco, Inc.Supreme Court of Louisiana · 1987
  2. Quinlan v. Liberty Bank and Trust Co.Supreme Court of Louisiana · 1991

3Cited by10 opinions

  1. Lynch Properties, Inc. v. Potomac InsuranceCourt of Appeals for the Fifth Circuit · 1998
  2. The Vons Companies, Inc.,plaintiff-Appellant v. Federal Insurance Company,opinionCourt of Appeals for the Ninth Circuit · 2000
  3. Lynch Properties, Inc. v. Potomac Insurance Co. of IllinoisDistrict Court, N.D. Texas · 1996
  4. Federal Deposit Insurance v. CaplanDistrict Court, W.D. Louisiana · 1993
  5. Direct Mortgage Corp. v. National Union Fire InsuranceDistrict Court, D. Utah · 2008

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